Sectors: Technology
Meta Platforms Inc. posted first quarter sales that beat expectations in a sign that the company’s advertising business is so far weathering the Trump administration’s ongoing trade war.
MP1 is a software-based elastic connectivity provider, often at the pointy end of the market, generally rallying and falling harder than the market, i.e. it’s a high Beta stock. This high-growth Australian tech stock is already making a profit, albeit small, for a $1.67 billion company: FY24 NPAT of $9.6mn, with the standouts metrics being annual recurring revenue growth of +14% and a stable gross margin of 70%.
Family tracking company Life360 was hammered 45% during the big growth/tech washout, and depending on where you draw the line, 360 could have found itself on the wrong side of the Goldman Sachs Group Inc. pairs basket, discussed on Tuesday, as an unprofitable tech stock.
TNE rallied +3.1% on Wednesday; while it wasn’t a top performer, it’s a stock we like, which underperformed when the index fell from its February high. This enterprise software solutions company is an excellent business with recurring annual revenue of approximately $470 million, plus we believe that TNE can achieve its goal of $1 billion in annual recurring revenue by FY30.
Netflix (NFLX) has become a household name as the global leader in subscription video streaming. Last week, the company delivered a solid earnings beat for the first quarter, which has propelled the stock to fresh all-time highs.
After the market closed this morning, Nvidia delivered some concerning news to investors, with the stock falling ~6% after the company said it would record a $5.5bn charge tied to exporting H20 graphics processing units to China, among other destinations.
Hi James and team. My first question ever. I would like your take on one of the many threats which are emerging in this escalating trade war between US and China in particular the removal of Chinese listed stocks on the US stock exchange. As investors in the likes of Alibaba and JD.com etc is this something we should particularly worried about and should be taking this threat very seriously? Is it something that the US could implement without much effort and time and if so what would happen to our shares and more importantly the effects it would have on the share price in hong kong
NWL +16.59%: Released a solid quarterly update this morning on a day where high-beta technology stocks were already due to outperform. Funds under administration inflows took a slight dip but maintained positive momentum, though slightly offset by mention of higher FY26 costs.
Real estate platform ZG is a business we still really like despite a 30% pullback in the share price. We’ve often written it up as a top pick for the International Equities Portfolio, having initially bought mid-way through 2024 at ~$46. Like many high-growth, high-valuation stocks of late, the share price has come under significant pressure.
This software-based elastic connectivity provider is at the pointy, high-beta end of the market, regularly doubling and halving.
